Expansion of credits drives volatile week in stocks
A muted week in New York stocks ended with renewed caution after a midweek rally. A bank statement showed modest cash gains and a large loan expansion, denting surplus reserves. Despite brisk early activity led by United States Steel and Southwestern rails, profits were pared as bears pressed and Reading stock led a broader selloff.
MENTIONED IN THIS ARTICLE
St. L
Bt. L
Southwestern
Union Pacific
Wheeling & I & EB
Wisconsin Central
Wis
Central
EXPR
Atame America
United State
Car & Foundry
Col. Fuel & Iron
Brook
Rapid Transit
Sky Consolidated Gas
Tobacco
Ins
General Flectee
Hocking Coal
Inter. Paper
Inter
Power
Aeae National Biscuit
North American
Pacific Coast
Pacific Mall
People's Gas
Pullman Palace
Republic Steel Nie
Republic Steel
Tenn, Coal & Iron , & Paper Co
Ay Co
U. S. Steel
Western Union
United States
American National Bank
Asia
Capital National Bank
Central Trust Company
Columbia National Bank
Indiana National Bank
Indiana Trust Company
Marton Trust Company
Merchants National Bank
etcCeie
Security Trust Company
Ae Union Trust Pany
Banking institutions and reserves in New York City report
A survey lists numerous banks including Bank of New York, N Y Clearing House, Merchants National, National City, Chemical National, and others. It presents reserve balances and statutory deposits across institutions with figures for various reserves and totals in late reports.
MENTIONED IN THIS ARTICLE
New York
Greenwich Leather Manufacturers’ Nationa
Seventh National
Bank of New York
Manhattan Company
Merchants’ National Mechanics’ America
Phenix National National City
Chemical National
Merchants’ Exchange National Gallatin National
National Butchers’ and Drovers Mechanics’ and Traders
American Exchange
National National Bank of Commerce
National Broadway
Mercantile National
Chatham National People’s
National Bank of Hanover National
Irving National
National Citizens
Nassau
Seser-O- Market
Fulton National Shoe and I Corn Exchange
Oriental Importers
I National Park
Hast River National
Central National
New York Nation Bowery
Chase National
Fifth Avenue
German Exchange
Germania
Lincoln National
Garfield National
Fifth National
Seaboard National
Western
National
Liberty National
New York Produce Exchange
New Amsterdam National
Astor National Hide and Leather National
Totale
Resovees
Treasury balances show week ending figures at New York port
Treasury statement reports general fund balances for the week at the port of New York totaling 99,918,160 excluding the 150,000,000 gold reserve in the division of redemption. Public totals indicate substantial liquidity with a weekly valuation near ten million two hundred eighty-two thousand eight hundred eighty-six dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
New York
Large Increase in Loans the Chief Feature-Reserve Conditions
New York weekly statement of averages from associated banks shows loans up sharply by 7,444,700 amid active Stock Exchange speculation. Deposits rose, circulation fell, legal tenders declined, and specie increased. Reserve grew to 12,158,250 with surplus easing by 1,144,100. daily clearings jumped to 213,000,000 as banks extended accommodations ahead of July disbursements.
MENTIONED IN THIS ARTICLE
New York
New York Associated Banks
Stock Exchange
Interbank
Water State
Market Ends Quiet with Steel Support Despite Weak Bank Statement
New York June 21Dealings on the Stock Exchange were small and apathetic overall though Steel common attracted steady buying by favored interests. Steel issues appear to have stalled recently while the June earnings forecast improved sentiment. A bank statement disappointed, showing loans up nearly 3 million and reserves down over 100 thousand. The session closed dull and featureless.
MENTIONED IN THIS ARTICLE
Union Stockyards
Inetanapolis
Sevcesds
Webetr
Gasc Seserne Sasses
Feild
Aggressive Buying in Steel Stocks Reported
New York brokers say underwriting syndicate pushed Steel stocks higher with aggressive buying causing short covering and broad activity. After a weak bank statement, moderate recessions followed as investors sold gains. Few changes expected next week unless unforeseen events occur. Gould stocks may be manipulated further and St Paul could see turns.
MENTIONED IN THIS ARTICLE
Granger Farwell & Co
New York
Stuel
St. Paul
City News Notes with Local Visits and Thefts
Mrs Frank L Griffith of Columbus Ohio visits Mrs Elnora L Griffith while Mr Frank Griffith attends Yale ceremonies. Mrs Harriet Augusta Prank and pupils go to Chicago for the National Association of Elocutionists convention. William Cohen second hand store at 421 Massachusetts avenue is robbed of five pairs of trousers and several coats and vests valued at 20. J C Darmody Company 122 South Pennsylvania street reports theft of cigars and candies by boys.
MENTIONED IN THIS ARTICLE
Frank L. Griffith
Columbus
Elnora L. Griffith
Frank Griffith
Clase
Yale
Harriet Augusta Prank
Chicago
National Association of Elocutionists
William Cohen
Massachusetts Avenue
J. C. Darmody Company
Pennsylvania Street
Wheat the only loser as grains end week mixed
Weather driven grain market sent wheat lower while corn and oats held firm. July wheat closed down amid profit taking and selling pressure, while corn posted gains on strong hog demand. Provisions rose with top yearly prices and brisk packer buying.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Paris
England
Lse
Bue
Seaboard
Minneapolis
Duluth
SeMeeney Somes
Northwestern
New York Flour and Wheat Prices and Rates Slide
Spot markets show dull trading as flour receipts reach 21 406 bris and exports 42 975 bris with wheat also weak. Prices for winter patents and Minnesota grades vary, rye flour and corn meal hold steady, while wheat futures close weak with a net decline. corn and oats receipts and quotes mixed amid steady hay and hogs.
MENTIONED IN THIS ARTICLE
New York
Minnesota
A. cc
Wwe F. O
Duluth
Manitoba
Thac
Ti'gce
Met. O. Db
Gohixc
Oate
Pacific Coast
I Lagan
Oise
Galveston
California
Texas
Ee City
Extra India Mess
Orleans
Unclear OCR list of confectionery product codes and prices
Fragmentary OCR notes show numbers and terms like confectioners moldbe cutlons caked octan granulated cubes and refined steady with multiple price-like tokens. lacks coherent narrative or identifiable entities.
Trade in General Quotation From St Louis and Other Cities
Flour markets show quiet to firm tones across St Louis Baltimore Cincinnati and other centers with wheat corn oats and pork prices listed. Reports cover cash and future quotes, receipts and shipments, and regional variations including Louisville Cincinnati and Milwaukee notes and a New Orleans style market snapshot.
MENTIONED IN THIS ARTICLE
ST. Louis
Glige
Hige
Argedéc
Timothy
Liverpool
California
St Louie
Ss Sd
Tomm
IBM
Louisville
Baltimore
Kansas City
Toledo
Cincinnati
Duluth
Minneapolis
Market reports and commodity notes from multiple cities
New York and Philadelphia price reports cover butter, cheese, eggs, and creamery products with steady to dull markets Dawn in Chicago and Kansas City show dairy and produce trends Fresh petroleum, rosin, and turpentine notes appear from New York and Charleston Cotton in New Orleans moves, with prices and daily stock tallies across regions
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Philadelphia
York
Baltimore
Ideibe
Chicago
Dairies
Willie
Kansas City
ST. Louis
Cincinnati
Wells
Petroleum
Shi
Ite
Bid for clearance sales expected as weather stalls trade
New York reports dry weather delaying business but predicts a strong week ahead with clearance sales by jobbing houses. Custom yarns steady while Worsted and Linen demand soften. poultry markets show mixed activity in Louisville St Louis Chicago Cincinnati and New York with fall in metals and general dullness in several commodities.
MENTIONED IN THIS ARTICLE
Indianapolis
Clear- SS
New York
Price Mercantile Paper
Sterling Exchange
Chicago
New York Exchange
Boston
Philadelphia
St, Louis
Baltimore
Cincinnati
Jane
Semond
Louisville
ST. Louis
Woman Falls From Street Car at Mihigan and Massachusetts
Mrs. Hamilton of 416 East Michigan Street slipped while stepping from a College-avenue street car last night around 9 o clock at Mihigan street and Massachusetts avenue. The six year old woman, about sixty, was injured about the hips when the car stopped and her foot tangled, throwing her to the ground. She was taken to her nearby home after the accident.
Also Mentioned on This Page
the Merchants’ National Bank
United States Depository
Aptin Heavy
W. Jd. Holliday & Co
S. A. Fletcher & CO
Safe Deposit Vault
East Washington Street
Baker-Vawter CO
J. D. Copeland
Indiana
Special Bank and Trust Company
Stevenson
C.a.green
Interstate Stockyards
Schiplestin Mideies
Fedor
Cai Remmi
Rss
South Omaha
Buffalo
Whus
Medivar
Hoge
East Liberty
Or Derat
Pla
United States Steel
Southwestern Railways
St. Louis Southwestern
Ilinois Central
Reading
Gould Railroad
Missouri Pacific
Baltimore & Ohio
London
Bureau of Statistics
Ship Company
Metropolitan Street Railway
Atchison
Canadian Pacific
Canada Southern
Chesapeake & Ohio
Alton
Chi
Ind
Lauton
TS & B
City East
Illinois
Ni Chi
Great Western
G. W
Chew
C. B
Delaware & Udson
Denver
Rio Grande
D&r
Erie
Great Northern
Hocking Valley
Valley
Tilinais Central
Iw& i
Kansas City Southern
Él Western
Manha al Bey Met Street Railway
Mexican Central
We National
Minn
St. Als
Kan
New Jersey Central
New York Central
Ontario & Western
Associated Banks
City OF
Associated Banks of
New York City
The
Legais
Ritetom
Bisense
Lis Street Railway
National Biscuit
Treasury Statement
Ings
Banish
Berlin
Exchange
City News Notes
Goffee
Rio
Cordova
Onteelaer
Lima
Ste. South Lima
Charleston
Cotten
New Orleans
Metals
Wool
Dune
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